"export"

The export of rice returned to positive numbers for three consecutive months since June this year thanks to higher production volume and weak baht. The 6-million-tonne export target should be achieved in 2021, the Department of Foreign Trade (DFT) said on Thursday.

A major Thai rice exporter has recently signed a contract with Iraqi importers to supply 44,000 tonnes of 100 per cent white rice.

Sales of Thai durian have come under pressure from fierce competition after China recently signed an agreement with Malaysia allowing the import of frozen durian, the Thai Durian Association posted on its Facebook page.

The Department of Livestock Development is focusing on eliminating some hens and pushing exports in a bid to curb the crashing price of eggs during the “vegetarian festival” (Gin Jay Festival) in October.

The Export-Import Bank of Thailand (EXIM Thailand) has urged the Thai private sector to take advantage of the “digital tsunami” of domestic and international online trade caused by Covid-19.

Exports of fresh and processed fruits in the first seven months (January to July) generated 131.16 billion baht, up 48.31 per cent year on year, the Commerce Ministry said on Thursday.

Moody’s Investors Service has maintained Thailand’s sovereign credit rating at Baa1, equivalent to BBB+, citing a “stable” economic outlook due to strong public finances, said government spokesperson Ratchada Thanadirek on Thursday.

Thai exports in July grew for the fifth consecutive month, rising 20.27 per cent to US$22.65 billion, the Commerce Ministry reported on Monday.

China has agreed to buy longan from 56 Thai exporters provided they strictly follow set procedures of cleaning the fruit.

Thai agricultural exports rose 20 per cent in the first six months of 2021, driven by soaring sales of fresh fruit, the Commerce Ministry revealed on Wednesday.

Thai exporters are currently preparing to export 44,000 tonnes of 100 per cent white rice to Iraq for the first time in seven years after Baghdad had suspended the import of Thai rice.

South Korea’s exports in July surged 29.6 percent to $55.4 billion on-year, a record monthly figure since the nation began compiling the data in 1956, according to the Trade Ministry Sunday.